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Announced

Completed

Valedo-backed Prosero completed the acquisition of Suomen Turvalukko.

Synopsis

Valedo-backed Prosero, a tech-based security company, completed the acquisition of Suomen Turvalukko, a provider of locking, access control systems, intercoms, door automation, burglar alarms, and CCTV solutions. Financial terms were not disclosed. “Suomen Turvalukko is a young but rapidly growing player in the security sector. Our area of operation is North and South Savo. We operate primarily in the after sales services market and the cornerstone of our business has always been first-class service. The world is changing and at the same time our operating environment is evolving very rapidly, for example thanks to digitalization. We want to be a trendsetter in this development and strongly involved in the future. We see that this acquisition allows us to offer an even wider range of services and the opportunity to develop the company, so that we can continue to offer the industry’s best service to our customers,” Jimi Väisänen, Suomen Turvalukko CEO.

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